Most Successful Crypto Traders To Follow

Most successful crypto traders and their stories

Changpeng Zhao

Changpeng Zhao

Changpeng Zhao (@cz_binance), better known as CZ, is a Chinese-Canadian cryptocurrency entrepreneur and founder of the Binance exchange. The future billionaire was born in China, but his family emigrated to Vancouver in the 80s. CZ received his education at McGill University in Montreal.

Zhao started his career in the financial industry with Bloomberg Tradebook in 2005, where he was a software developer. He later worked at Fusion Systems and Blockchain.info. In 2013, Zhao joined OKCoin after working in the team for more than 8 months. In the same year, CZ founded OKCoin, which was engaged in the development and technical support of software in the field of financial technologies.

On July 14, 2017, Zhao, along with Bijie Tech's descendants, decided to creat a Bitcoin exchange, which was named Binance. Binance is now the largest cryptocurrency exchange in terms of trading volume, and Changpeng Zhao's fortune, according to 2024 data, is $33 billion dollars, making him the 50th richest person on the planet.

The last piece of advice the Binance CEO gave to investors was, "If you're stressed out every time you fall, you probably shouldn't trade much, or at least you should change your trading strategy. Maybe just keep it on hold?".

Brian Armstrong

Brian Armstrong

Brian Armstrong (@brian_armstrong) is an American entrepreneur known as the co-founder and CEO of the cryptocurrency exchange Coinbase. Throughout the period of his work, Brian has received various nicknames. For example, he is called the "White Knight" for his attempts to achieve normal regulation of the crypto market.

Brian Armstrong was born on January 25, 1983 in San Jose and studied at Rice University in Houston, Texas, where he received a bachelor's degree in economics and computer science. While still in college, Brian was an intern at IBM for 4 months and also worked at Deloitte and Touche as a risk management consultant. Together with his dorm roommate, Brian created University Tutor, a tutor search aggregator.

Brian became interested in digital assets in 2010 after he first read Satoshi Nakamoto's Bitcoin WhitePaper. At that time, he even tried to create a wallet project that would allow him to safely store and buy cryptocurrency, but due to his busy schedule (he was working at Airbnb and developing his own University Tutor project in parallel), he never managed to bring it to its logical conclusion.

But failure did not stop Armstrong and in 2012, together with Fred Ehrsam, he founded Coinbase. As of November 2023, the Coinbase platform was valued at $80 billion. Forbes estimates Brian's personal fortune at $2.4 billion.

Barry Silbert

Barry Silbert

Barry Silbert is an American entrepreneur, investor and creator of Digital Currency Group.

Barry Silbert was born in 1976 in Gaithersburg, Maryland. He earned a bachelor's degree in finance and information technology from Emory University. Barry began his career in the financial industry working for Houlihan Lokey, a large multinational bank. In 2004, he founded his own company Restricted Stock Partners, specializing in the development of financial platform technologies. After expansion, the project was given a new name - SecondMarket, and after only two years of work it brought Silbert 2 million dollars.

2013 was marked for him by the creation of the Bitcoin Investment Trust, a private trust, and 2015 was marked by the launch of Digital Currency Group, which is one of the leading companies in the field of cryptocurrencies and blockchain technologies. It is engaged in investing in various projects and startups related to digital assets. For example, DCG has invested in companies such as BitGo, BitPay, BitPagos, Circle, Coinbase, Kraken and others.

As of April 2022, Forbes estimates Barry Silbert's personal fortune at 3.2 billion dollars.

Chris Larsen

Chris Larsen

Chris Larsen (@chrislarsensf) is an American entrepreneur and angel investor who is primarily known for co-founding Ripple.

Chris Larsen attended San Francisco State University, where he earned a Bachelor of Science in International Business and Accounting in 1984. Larsen's first official job was with Chevron, a major American energy company. But already in 1997, he and Janina Pawlowski founded the E-Loan service, which is considered a pioneer in the online lending industry.

The next step in Larsen's career was the creation of an online platform for peer-to-peer lending - Prosper Marketplace. The way the platform works is that borrowers can apply for a loan through Prosper's website, specifying the amount requested and the purpose of the loan. Private investors can then select borrowers' applications for funding based on various criteria such as credit rating, payment history, etc.

In 2012, Larsen left his position as CEO of Prosper Marketplace to join the team at OpenCoin, which later changed its name to Ripple Labs.

Ripple Labs developed blockchain technology that enables banks and financial institutions to conduct instant and low-cost international transactions using the XRP cryptocurrency.

Chris Larsen's personal wealth was $2.9 billion in 2023.

Fred Ehrsam

Fred Ehrsam

Fred Ehrsam (@FEhrsam) is a well-known and highly controversial figure in the world of cryptocurrency. Together with Brian Armstrong, he was one of the founders of the largest cryptocurrency platform Coinbase.

Fred graduated from private Duke University in North Carolina in 2010, after which he worked as a currency broker at Goldman Sachs in New York. It was during his time at Goldman Sachs that Ersam began to gradually familiarize himself with digital assets, trading BTC in his spare time. And in 2012, there was a fateful acquaintance between Ersam and Armstrong, as a result of which they decided to creat the Coinbase exchange. In 2017, Fred Ersam left active management at Coinbase to engage in investment activities and support new projects in the field of blockchain and cryptocurrencies.

Later, together with Matt Huang, Ehrsam launched the cryptocurrency venture capital firm Paradigm, which in its first year made 28 investments in digital asset-related businesses.

Fred Ehrsam's personal fortune is nearly $3 billion dollars (based on 2023 data).

Tyler and Cameron Winklevoss

Tyler and Cameron Winklevoss

Cameron (@cameron) and Tyler (@tyler) Winklevoss are twins, American rowers, entrepreneurs and Mark Zuckerberg's nemesis. They are best known for their involvement in the creation of the social network ConnectU, which later became known as Facebook. Their story served as the basis for the book and movie The Social Network.

Bitcoin, however, provided them with their true wealth. In 2013, the twins invested about $11 million in "digital gold", and in 2017 became the world's first publicly known bitcoin billionaires. Cameron and Tyler Winklevoss are also the owners of Nifty Gateway, an online auction platform for trading NFT art.

Mike Novogratz

Mike Novogratz

Mike Novogratz (@novogratz) is a well-known American investor, public figure and former hedge fund manager. Mike was born in 1964 into a large family with many children. He began his career in the financial industry at Goldman Sachs, where he worked for 11 years. In 2002, he joined Fortress Investments. In 2007, the company held an IPO on the New York Stock Exchange. Fortress became the first major hedge fund in U.S. history to issue its shares to the public. In the same year, Novogratz made it to the Forbes list of billionaires for the first time, taking 317th place on the rating. However, Mike lost his status back during the 2008 crisis.

In 2015, Mike founded Galaxy Investment Partners, which focused on crypto investments in Bitcoin and Etherium. Between 2016 and 2017, Mike made over $250 million dollars in the crypto markets. In 2022, Galaxy Investment Partners recorded large losses of $500 million due to the collapse of Terra and FTX, which cost Novogratz not only financial but also reputational losses.

Vitalik Buterin

Vitalik Buterin

Vitalik Buterin (@VitalikButerin) is a Canadian-Russian programmer who is best known as the co-founder of the Ethereum project. Vitalik was born in 1994 and grew up in Canada, where he emigrated with his parents at the age of 6. Back in 2011, Buterin became interested in Bitcoin and in the same year became a co-founder of Bitcoin Magazine.

In 2014, Buterin dropped out of university in order to fully devote himself to working on Ethereum. The network commenced its official operation on July 30, 2015.

In 2017, Vitalik made Forbes magazine's 30 Under 30 list, and in 2021 he became the youngest cryptocurrency billionaire in the world. American Forbes estimated his fortune at $1.3 billion. According to the latest data, due to the collapse of the cryptocurrency market, Buterin lost his billionaire status, as his personal capital dropped to about $850 million.

Micree Zhan

Micree Zhan

Micree Zhan (@MicreeZ), also known as Zhan Kun Ketuan, is a Chinese entrepreneur and engineer who played a key role in the creation of the world's largest Bitcoin mining hardware company, Bitmain.

In 2013, Micree Zhan co-founded Bitmain Technology with Jihan Wu, which quickly grew into one of the leading manufacturers of ASIC chips and cryptocurrency mining equipment. However, in 2019, there was a conflict between Jihan and Wu, which resulted in Micree being fired from all his positions and becoming a persona non grata at Bitmain. Micree later regained his rights as a founder through the courts and regained control of the shares. But it cost him $600 million.

Nikil Viswanathan

Nikil Viswanathan

Nikil Viswanathan (@nikil) is a prominent American entrepreneur and social activist. In 2011, while studying at Stanford, he met Joseph Lau and since then they have launched a dozen successful projects. Their first joint development was Down to Lunch, a social app college students used to communicate. After the success of the software, Nikhil and Joseph founded Alchemy, a platform for blockchain developers, which raised $200 million in February 2022 at a valuation of $10.2 billion.

For his achievements, Viswanathan was named one of the Forbes 30 Under 30 award winners in January 2017.

Best crypto exchanges

1

9.4/10

Go to broker

Your capital is at risk.

Minimum deposit:

$1

Review

The Binance exchange is one of the largest cryptocurrency exchanges in the world with its headquarters in Hong Kong. According to the CoinMarketCap cryptocurrency portal, Binance holds the top spot in terms of aggregate indicators of the platform's daily turnover, the number of novices and active users, liquidity, and web traffic (ranking, queries, statistics in search engines, etc.). The exchange is also a cryptocurrency startup that has its own “native asset” used in the Binance ecosystem as the “basis gas” (payment internal unit). More about Binance Card

Pros/Cons

•low commissions due to liquidity and trading volumes.

•high platform performance;

•proprietary BNB Coin which allows Binance to reduce the commission size;

•a proprietary cold wallet guarantees the security of your crypto assets by storing them.

•complex verification procedure;

•the exchange is not licensed by a regulator;

•The platform can go offline without warning;

•there are complaints about the technical functionality of the platform;

•there is an intricate mechanism for calculating commissions and rewards (grid system Maker/Taker).

Study Review

2

9.2/10

Go to broker

Your capital is at risk.

Minimum deposit:

₮1

Review

The BitGet crypto exchange provides traders with the opportunity to trade in spot, futures, and cryptocurrency. Cryptocurrency is used exclusively as instruments at the exchange: BTC (₿), LTC (Ł) ETH (Ξ), USDT (₮) and others. Trades are carried out on the crypto exchange’s own platform, which is available as a web terminal and an application for mobile devices. BitGet's fees are lower than its competitors in the market, with maker fees of 0.02% and takers of 0.06%. The commission can also be paid with bonus funds that each BitGet client receives upon registration, verification, and a trading account replenishment. There are no fees for maintaining an account, but a commission is charged upon withdrawal, the amount of which depends on the cryptocurrency in which the withdrawal is made. For investors, BitGet offers its own service for copying trades, and it is available at the exchange and at an affiliate program. Novice traders can use demo accounts to hone their trading skills, but there are no educational materials on the website. The BitGet cryptocurrency exchange provides services on an international level and cooperates with traders from different countries.

Pros/Cons

•availability of demo accounts;

•convenient ways to contact the support service;

•a wide range of cryptocurrencies for account replenishment;

•service of copying trades for receiving passive income;

•ability to reduce commissions using credits earned in the bonus program;

•ability to engage in algorithmic trading;

•the exchange uses hot and cold cryptocurrency wallets to store client funds.

•Deposits and withdrawals in fiat currencies are not available.

•There are no educational materials for novice traders on the exchange website.

Study Review

What can I learn from professional crypto traders?

There are many lessons to be learned from the experience of professional crypto traders. By studying other people's success stories, you will learn how to: analyze the market, manage risks, control emotions, adhere to strict discipline, use time effectively, and pay special attention to self-development and continuous learning. You will also get a dose of motivation and realize that nothing is impossible for someone who really wants it.

How to become a successful crypto trader

There is no single formula for success, but there are a few important rules that will help you succeed:

• Learn the basics of cryptocurrencies and blockchain.

• Study the market, conduct research on the cryptocurrency market, study charts, analyze trends and understand the factors affecting asset prices.

• Develop your trading strategy. Determine your financial goals, risk profile and choose a suitable strategy that will save you a lot of unnecessary doubts and pondering and minimize the probability of failure.

• Be disciplined and avoid emotional decisions.

• Analyze your mistakes and learn from them.

• Always be aware of the latest events and news in the world of cryptocurrencies.

• Manage your risks. Do not put up more than you're able to forfeit.

• Don't expect quick profits.

• Communicate with other traders and learn from their experience.